News Overview

Aartech Solonics will hold a meeting of the Board of Directors of the Company on 21 March 2022

MSR India has postponed the meeting of the Board of Directors which was scheduled to be held on 12 March 2022 The meeting will now be held on 15 March 2022

ICICI Bank has allotted 143642 equity shares of face value of Rs2 each on March 14 2022 under the Employee Stock Option Scheme ESOS

Infosys on 10 March 2022 has allotted 805891 equity shares pursuant to the exercise of Restricted Stock Units by eligible employees as hereunder 494632 equity shares under the 2015 Stock Incentive Compensation Plan; 310449 equity shares under the Infosys Expanded Stock Ownership Program 2019

Sundram Fasteners has got its credit rating for Its Short Term Debt and Commercial Paper instruments re-affirmed at A1 by CRISIL

The Board of Black Box at its meeting held on 14 March 2022 has approved the proposal for Sub division Split of Equity Shares of the Company from face value of Rs 10 each into Equity Shares of face value of Re 2 each subject to the approval of the members of the Company through the ensuing postal ballot

Reliance New Energy a wholly owned subsidiary of Reliance Industries has signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV Lithium Werks for a total transaction value of US$ 61 Million including funding for future growth The assets include the entire patent portfolio of Lithium Werks manufacturing facility in China key business contracts and hiring of existing employees as a […]

Welspun India has commenced operations of Welspun Advanced Materials India WAMIL a subsidiary of the company with effect from 12 March 2022 WAMILs facilities at Telangana has installed capacity of 17729 MTPA of Spunlace with estimated revenue of Rs 370 crore per annum at around full capacity utilisation

Power Mech Projects has secured orders worth Rs 2120 crore under Jal Jeevan Mission JJM program The company has won the new orders under Phase-III projects in 2120 villages of Pratapgarh Fatehpur and Meerut districts in Uttar Pradesh Major components of the project are about 2100 tube wells 2100 water tanks and 13000 km of pipeline network for supply of drinking water to about 50 […]

CSB Bank announced that United Forum of Bank Unions UFBU has given notice that members of all the constituent unions of UFBU propose to go on strike on Monday the 14 March 2022 demanding resolution of several issues ln case the proposed strike materialises employees and officers of the Bank belonging to the constituent unions of UFBU in the Bank may partake in the same […]